Adec Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 17,628,010 | 17,297,348 | 330,662 | 9.8 | 60% |
| 2013 | 17,368,536 | 17,148,228 | 220,308 | 10.6 | 58% |
| 2014 | 17,743,169 | 17,095,251 | 647,918 | 11.8 | 60% |
| 2015 | 17,789,322 | 16,363,921 | 1,425,401 | 13.3 | 62% |
| 2016 | 18,386,944 | 16,972,826 | 1,414,118 | 13.6 | 61% |
| 2017 | 18,384,880 | 16,543,231 | 1,841,649 | 16.0 | 62% |
| 2018 | 19,031,320 | 17,506,557 | 1,524,763 | 16.5 | 59% |
| 2019 | 19,910,002 | 17,977,417 | 1,932,585 | 17.7 | 62% |
| 2020 | 19,624,326 | 18,871,614 | 752,712 | 17.6 | 64% |
| 2021 | 22,018,123 | 17,815,364 | 4,202,759 | 24.0 | 64% |
| 2022 | 22,045,756 | 19,909,806 | 2,135,950 | 20.6 | 63% |
| 2023 | 21,722,849 | 20,884,487 | 838,362 | 21.0 | 64% |
| 2024 | 23,102,781 | 22,533,363 | 569,418 | 21.1 | 65% |
In its most recent public year (2024), this organization brought in $569,418 more than it spent. Its reserves stood at about 21.1 months of spending, up from 9.8 in 2012. Staff pay was 65% of spending. $1,817,147 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Adec Inc's IRS filings as a feed — one entry per filing year, through 2024. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works